In the business environment, accounting and financial information are essential for internal and external decision-making. Therefore, understanding the basics of accounting and financial statements are important for every business graduate. This course provides an introduction to the fundamental principles and concepts of accounting with an emphasis on decision-makers' objectives and use of financial information. Key concepts explored include accounting principles and standards, the complete accounting cycle, recording and reporting business transactions, and preparing and analyzing financial statements.

Learners are recommended to complete the Business Math Skills Self-Assessment (https://bowvalleycollege.ca/schools/chiu-school-of-business/MSA) prior to taking this course.

Note: Learners with prior credit in ACCT1101 and ACCT1102 cannot take ACCT1103.

The central theme of the course focuses on the relationship between thinking, human behaviour, and organizational effectiveness. Opportunity is provided for learners to experience incidental learning as they evaluate their own behaviour. Learners explore how concepts and ideas pertaining to human behaviour can transform self, relationships, and the workplace.

Learners apply their knowledge of human resource functions through multiple stakeholder lenses while aligning functions to an organization's vision and strategy. Utilizing business scenarios, learners transition through the employment cycle adhering to legal requirements, ensuring health and safety in the workplace, and building positive work culture initiatives.

With today's dynamic business climate and diverse workforce, the demands of managers to engage employees, be innovative, and be adaptive have become paramount to organizational effectiveness. As a result, managers are required to demonstrate a diverse range of skills which include, but are not limited to: planning and strategic management; effective decision-making and critical thinking; organizing human capital to facilitate efficient and effective work-practices; fostering positive influence to engage a diverse workforce with a focus on employee wellbeing, satisfaction, and performance; and implementing controls to establish and measure performance. This course provides the opportunity for students to explore key management concepts and the multi-faceted role of a manager within an organization.

Introduction to organizations and sustainability articulates a management approach to integrating economic, ethical, and environmental responsibilities into all aspects of organizations working to benefit society. Learners examine ethics of business and constructs of morally appropriate behavior concerning decision-making and businesses' relationship with the community. Concepts and practical approaches are used to discuss and integrate sustainability criteria with business requirements, including performance management and evolving strategies as business needs change.

This course enhances a learner's confidence in business communication skills, preparing them for a professional career. Learners use strategies and techniques to develop effective communication while using digital tools. Through practical exercises focused on real-world dynamics, learners also develop interpersonal skills essential for today's workforce. Learners are required to participate in groups for developing collaborative competence.

The allocation of scarce resources in the face of unlimited wants and needs is at the core of economics. This course introduces the fundamentals of microeconomics and creates the foundation for economic analysis and thinking. The course starts with the study of individual choice and opportunity cost, then proceeds to introduce supply and demand and the market adjustments leading to equilibrium, and addresses the use of market price and the sources of market failure. It transitions to consumer behaviour focusing on how consumers make decisions, while creating a framework to understand how firms optimize production under different market structures. The course concludes with the application of microeconomic theory to more advanced topics such as international trade, marginal analysis and the trade-off between equity and efficiency.

Learners are recommended to complete the Business Math Skills Self-Assessment (https://bowvalleycollege.ca/schools/chiu-school-of-business/MSA) prior to taking this course.

A basic understanding of key elements of the law is an essential factor in successful business management. Learners apply legal fundamentals useful in today's fast-paced, rapidly changing business environment.

Learners critically evaluate day-to-day economic subjects in a personal and business context. Throughout the course the economy is examined at the aggregate level with an emphasis on the determination and measurement of national income in the short and long run. The role of households, businesses, government, financial intermediaries and the international sector in influencing national income is examined. Learners analyze business cycles, money and banking, inflation, unemployment, exchange rates, and fiscal and monetary policies.

Learners are introduced to concepts aimed at providing a solid foundation of marketing principles and the role marketing plays in business. Emphasizing a holistic approach, learners have the opportunity to analyze and apply the marketing mix. Key concepts include product, price, placement, and promotion (4Ps), the Integrated Marketing Communications Mix (IMC), market research, and consumer behaviour.

This course identifies the role of human resource professionals within the context of change management theories. Learners analyze and apply change management theories and strategies to different business scenarios. Focus is directed toward the change process which includes initiation, through to maintaining the change. Trends within change management are identified and discussed.

This course examines how to create and sustain a valid, reliable, and legally defensible talent acquisition process in a Canadian context. Learners formulate and recommend effective talent acquisition processes that are aligned with organizational strategy and informed by current Human Resources trends, including the impact of social media. Learners assess and recommend techniques to integrate technology and people analytics in the evaluation and implementation of the talent acquisition process.

This course focusses on the total rewards package that includes compensation, benefits, and monetary or non-monetary rewards. The importance of aligning the organizational strategy with the total rewards package forms the foundation for this human resource functional area. Learners will get practical experience with the process of job evaluation and connecting performance standards to the compensation plan.
Learners will research Canada and Alberta legislative acts and compensation trends.

Employment Law plays a critical role in human resources management. This course equips learners with the knowledge and skills to apply employment and common law to the workplace. By using employment scenarios, learners strategize how they could help employers reduce risk and resolve human resource issues.
The importance of ethical human resource policies and procedures and ways to address the emerging risks of the digital workplace will also be explored.

This course examines the role of Human Resources and/or Labour Relations Practitioner to guide the management of a unionized workforce. Learners will assess the impact that unionization has on a workplace through relationships between employees, unions, employers, and government within the industrial relations system. Learners will be introduced to the structure of Canadian unions and labour organizations, and various labour relations processes including forming and dissolving a union, collective bargaining, strikes and lockouts, fair labour practices, the grievance procedure, changes to unions and organizations. The course will also examine the future of Labour Relations and unions in Canada, considering changes in workplace demographics, and the digitization of the workplace with an emphasis on best practices for managing in a unionized work environment.

This course examines legislative acts and delves into hazards that exist in the workplace while building engagement on the importance of health and safety within the workforce. Various human resources programs are explored, including wellness, disability, return to work, and training. The use of relevant people analytics to assess a workplace's emergency response and readiness are also discussed. At the core of this course are emerging trends in the workplace, including mental health, bullying and remote workforce.

This course provides opportunity for an applied, practical approach to designing training programs that support employee learning and development. Learners explore adult learning principles, components of program planning, and facilitation strategies that foster adult learning in workplace contexts.

The impacts that differences in culture, politics, law, ethics, and economics have on business decisions are closely examined. Learners consider decisions in international expansion strategies and entry modes. Application of theory is focused on operations in human resource management, supply chain, marketing, and communications, all within the context of globalization and the global money system.
Prerequisite: MGMT2401

This course covers the fundamentals of business strategy theory and application of the frameworks. Learners integrate the knowledge gained in previous business courses and demonstrate how the various pieces of the business puzzle fit together. Learners explore why the different parts of an organization need to be managed in strategic harmony to meet its goals within its competitive environment. A pragmatic approach to developing a strategic analysis skill set is followed. Learners work in multi-disciplinary teams from across the business majors to focus on building long-term strategies for organizations.